BitMEX is accused of allowing internal traders access to customer data while users were locked out during server issues. BKX Services Inc. and David Namdar have filed a class action lawsuit against BitMEX. The […]
TLDR Former BitMEX users filed a proposed class action against the exchange and its co-founders. The lawsuit names Arthur Hayes, Samuel Reed, Benjamin Delo, and Gregory Dwyer. Plaintiffs allege BitMEX ran an undisclosed “Insider Trading […]
Key Takeaways BitMEX and its founders face a NY lawsuit accusing the exchange of manipulating trades to steal collateral. Plaintiffs claim BitMEX used server freezes and secret insider accounts to intentionally force liquidations. The lawsuit […]
BTC has dropped by roughly three grand after marking a local peak at $67,000. Strategy doesn’t want to buy or sell, while a derivatives giant says goodbye. The previous business week ended with a […]
BitMEX, the Seychelles-based crypto exchange founded by Arthur Hayes, announced on July 23 that it will shut down at 04:00 UTC on Sept. 23. Customers now have two months to close positions and withdraw funds, […]
One of crypto’s pioneering derivatives platforms is closing its doors after more than a decade. BitMEX, the exchange that invented perpetual futures contracts, has notified users it will end all operations by September 23rd after […]
BitMEX will end exchange operations on Sept. 23 after an 11-year market presence. Users must withdraw funds before closure as trading restrictions begin on Aug. 26. BitMEX highlighted zero hack-related customer fund losses across its […]
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BitMEX will be closing down by September 23 following an 11-year period of being a pioneer of crypto perpetual futures. The platform encouraged users to liquidate their positions and withdrawals before the closure phases. The […]
Add ZyCrypto News On Google Summary: BitMEX is winding down its cryptocurrency exchange after 14 years in business. The exchange is known for its popularity in the crypto derivatives sector. The BitMEX Exchange is experiencing […]
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